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Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)

Board Notices

Rules for the administration of a collective investment scheme in participation bonds

8. Safe custody of documentation

 

All documentation in respect of participation bonds and all other securities registered in the name of, ceded, pledged or delivered, to the nominee company for the purposes of the scheme, must, except when in the temporary custody of others for the purposes of the scheme, be kept in safe custody in the safes or strong-rooms of the manager or with a bank approved by the manager.